Finance Minister Ishaq Dar has said that the extension has been given on the requests of business community, income tax practitioners and considering the prevailing post-flood conditions.

The new deadline for filing income tax returns is 31 of the next month.

Ishaq Dar said the government has successfully achieved the revenue collection targets for first quarter of the current fiscal year. He said FBR collected 1635 billion rupees in first quarter of current fiscal year while the set target for this period was 1609 billion rupees.

He said during the September FBR collected 685 billion rupees.